10 Jul 2015 14:27
VALUE AND INCOME TRUST PLC
Result of Annual General Meeting
The Board announces that at the Annual General Meeting of Value and Income Trust PLC, held at 12.30pm today, Friday 10 July 2015, at 1 Exchange Crescent, Edinburgh EH3 8UL, the Ordinary Resolutions numbered 1 to 9, inclusive, and Special Resolutions numbered 10 to 12 and, as set out in the Notice of Meeting within the 2015 Annual Report, were passed.
A copy of the Annual Report may be downloaded from the websites of the Company's Investment Managers at http://www.olim.co.uk/literature.htm and http://olimproperty.co.uk/services.html*
In relation to Resolution 11 (authority to make market purchases of Ordinary shares either for cancellation or for holding in treasury), 14.99% of the Company's issued Ordinary share capital equated to 6,827,941 Ordinary shares as at the date of the passing of the Resolution.
In the event that a poll had been required on any Resolution, the total number of proxy votes cast for each Resolution was as follows:
For and Discretionary | Against | Votes | Total Votes | |||
Resolution | No. of | % of | No. of | % of | Withheld | (excluding Votes Withheld) |
Number | Votes | Votes Cast | Votes | Votes Cast | ||
1 | 13,760,241 | 100.00 | 0 | 0.00 | 3,200 | 13,760,241 |
2 | 13,712,026 | 99.74 | 35,777 | 0.26 | 15,638 | 13,747,803 |
3 | 13,763,442 | 100.00 | 0 | 0.00 | 0 | 13,763,442 |
4 | 13,279,405 | 96.54 | 475,436 | 3.46 | 8,601 | 13,754,841 |
5 | 13,275,347 | 96.54 | 475,243 | 3.46 | 12,851 | 13,750,590 |
6 | 12,637,815 | 96.62 | 442,662 | 3.38 | 682,964 | 13,080,477 |
7 | 12,603,257 | 96.37 | 474,911 | 3.63 | 685,273 | 13,078,168 |
8 | 13,732,353 | 99.89 | 15,133 | 0.11 | 15,955 | 13,747,486 |
9 | 13,710,320 | 99.87 | 17,822 | 0.13 | 30,187 | 13,728,142 |
10 | 13,558,581 | 98.56 | 197,499 | 1.44 | 7,361 | 13,756,080 |
11 | 13,664,751 | 99.32 | 94,080 | 0.68 | 4,610 | 13,758,831 |
12 | 13,360,780 | 97.14 | 392,922 | 2.86 | 9,740 | 13,753,702 |
Passing of Resolutions under Special Business
Copies of Resolutions 9, 10, 11 and 12, passed under Special Business at the AGM, have been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM *
*Neither the websites of the Company's Investment Managers, nor the NSM website, nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.
Enquiries:
Miranda Kelly
Maven Capital Partners UK LLP
Company Secretary
Tel. 0141 206 0124